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View Full Version : $148,500!!!! I think this is a new record for any Studebaker?



Dan White
01-29-2012, 10:53 PM
This is from today’s NYT:

http://www.nytimes.com/slideshow/2012/01/29/automobiles/29profiles-slideshow-5.html

Studebaker Wheel
01-29-2012, 11:08 PM
Impressive but a few 1931 and '32 Presidents have sold for more. Of course there are also private sales that no one hears about.

Chris Pile
01-29-2012, 11:10 PM
I also think I would take issue with the Times claim that Studebaker fans are rejoicing....

candbstudebakers
01-30-2012, 12:31 AM
This one can be had for less than 1/2 % of that selling cost, every thing is there just needs to be worked on some , also 95% rust free, engine spins easy, "O" compression still worth the money.

http://i691.photobucket.com/albums/vv271/canbstudebakers/IM003994.jpg

clonelark
01-30-2012, 07:40 AM
1/2% is way over the top for that one too.

stupak
01-30-2012, 08:12 AM
I am a 'dyed in the wool' Studebaker owner and enthusiast, BUT....what did Barnum say, "There's a sucker born every minute!" stupak

mike super
01-30-2012, 10:13 AM
Show me the money......

candbstudebakers
01-30-2012, 12:07 PM
1/2% is way over the top for that one too.

Maybe but find a rust free "K" body, roof can be fixed and I might still do that if my body man ever finds time add up the parts of a Golden hawk and then say 1/2% is over the top, looks are not every thing, I wonder what the guy in Minnesota has into his at this time changing the floors ect..

raprice
01-30-2012, 01:58 PM
Stupak, you beat me to the punch. I was thinking the exact same thing. That's why I don't even watch the Barrett Jackson auctions. All it tells me is that some people have more money than brains.
Rog

2R5
01-30-2012, 02:33 PM
I personally think its good that some of our rare Studebaker (that deserve it) go for the big bucks ! Cars that are as rare as a Golden Hawk deserve to be recognized instead of staying at the bottom of the heap .There are a few more that should be up there as well but sure most probably shouldn't. I do agree that B-J is too far out but it is entertaining and I'm sure there is a little part of all of us that wish we could be able to bid with those boys <g>

stupak
01-30-2012, 03:10 PM
I certainly don't want to 'bid with those boys' BUT.....I would certainly like to 'sell to those boys'. stupak

Gunslinger
01-30-2012, 03:50 PM
All it takes is two bidders wanting the car. The good thing about this auction is that it exposes the Studebaker brand to more people and may induce them to save some cars that might not survive otherwise.

The sad thing is that some will find out such restorations cost more than the value of the car on the market. Just because someone pays that price at a high profile auction doesn't mean it sets a new market value for similar cars. It's an anomaly, not a new benchmark for values.

556063
01-30-2012, 03:58 PM
"The winner paid more than the best ’57 Chevy would sell for — a price unlikely to be repeated soon."

Even the New York Times understands the meaning of the acronym "C.A.S.O."!

The Hawk is transforming into something bigger than some in this little group may want. Yes, it's kind of like a family member that makes it big somehow and gets some uncomfortable stares at family gatherings. We all may not like it or understand it. But, the Hawk is our postwar "Star". Avanti owners used to be the ones who were considered by some of us to have a sort of superiority complex. It's not in our DNA to understand how a regular, steel bodied Studebaker could do something like this to us. I'm not even sure many of us would like this if it was one of the more "pure", "clean" designs, like a 53 Coupe or the Avanti.

The Golden Hawk wears the most stunning prom dress and drew the attention of the star quarterback. It's certainly becoming our Postwar Homecoming Queen. It's looking like Princess Grace is moving to Monaco, one sale at a time!

I had a local auctioneer that has put on Studebaker sales for some others I've known, come to the barn recently (before the B-J sale) and look at my cars to evaluate putting on a sale, in case I have to move to find work. The car he was least excited about was my Avanti. He asked if my '55 Champion was a Hawk. When I replied no, he was greatly disappointed. He said "Well, it looks like one, so somebody will bid it up." Like it or not, the Golden Hawk is becoming our signature car.

We had nothing to do with it. People are speaking with their wallets as to what they see in our portfolio and like.

Yes, I'm pleased as punch this is happening. With traditional monetary investments returning zero or negative results, we all should be very thankful one of our very own is proving some mettle with the public as an investment grade collector car. Makes it easier for our families to benefit at some point from what they thought was our sickness. We can hold our heads just as high as any previously superior member of the dreaded "Big Three". Even if one never sells for this much again, it's blazed a trail of respect and value for Studebaker no one should be ashamed of.

I'm a strong believer the hobby is separating into investment grade cars and drivers. This won't pull the price of driver condition cars into the stratosphere. Rather, it puts us on a level playing field with people who used to poke fun at our Marque. You can still buy a 57 Ford or Chevy sedan for reasonable money.

Dougie
01-30-2012, 04:19 PM
I think it's a case of supply and demand. That car is absolutely gorgeous and so different from everything else out there. People are tired of the same old cars (Camaros, Tri five Chevy's, etc.). People who have the money don't want the same thing everyone else has. Plus the quality of that restoration is awesome. Many Studebakers just aren't restored to that kind of standard because of the perceived low values. Heck, my 62 Lark gets more attention at cruise nights than my 86 Buick Grand National. If I could afford it I'd have a Hawk like that too. better get 'em before they priced into the stratosphere.

Chris Pile
01-30-2012, 05:35 PM
People are tired of the same old cars (Camaros, Tri five Chevy's, etc.)..... Heck, my 62 Lark gets more attention at cruise nights than my 86 Buick Grand National.

Tis true, Doug. Once at a show my rusty, dented '49 Champion sedan drew 3 times as much traffic as my brother's metallic orange '69 Corvette, and my nephew's bright red '70 Charger. It was hilarious!

Dougie
01-30-2012, 10:04 PM
My son considers the Grand National his even though the title still has my name on it and he still owes me $11,000 on it. When I got the Lark I told him it would get more attention than "his" car even in it's worn out state. He got so tired of everyone looking at the Lark instead of the Grand National that he said in frustration "You'd think these people never saw a ripped up interior before!" It was classic.

SN-60
01-30-2012, 10:26 PM
Makes Me wonder where prices will be ten years from now. Maybe $148,500 will sound like a bargain!!

Cash
01-30-2012, 10:42 PM
Hawks get a lot of attention. Drove our 61 to Plano RC Hobbies Saturday to spend my gift certificate. We get stared at....multiple thumbs up, had a guy in a Porsche go bonkers as he slowed down then pulled over so he could look. Got more pictures taken that day by passersby than i could have imagined...
Face it..our cars are getting a little more popular..

Hawklover
01-31-2012, 07:46 AM
I like your mental gusto.....may I inquire what beverages you have recently consumed? My wife says I need a better mental attitude:-)
This one can be had for less than 1/2 % of that selling cost, every thing is there just needs to be worked on some , also 95% rust free, engine spins easy, "O" compression still worth the money.

http://i691.photobucket.com/albums/vv271/canbstudebakers/IM003994.jpg

deco_droid
02-01-2012, 11:40 AM
I like your mental gusto.....may I inquire what beverages you have recently consumed? My wife says I need a better mental attitude:-)

so you're saying in a roundabout way, his car is not worth $750? I'm no hawk expert, but it seems fair. I would buy it just for the spare parts if I were into those cars.

jbroomer
02-01-2012, 01:39 PM
A lady in our office had attended and gave me the catalogue to flip through. I think there were a few other Studes in addition to this car. I looked up the price and if not for the arms on my office chair, I would have fallen out of it. But then again, one must expect crazy things from the bidders at B-J. It will be sad for me if prices suddenly start taking off, as you can see from my signature that I'm looking. I'll want to get in at the bottom, not the top!